10-Q/A Filing

LogicMark, Inc. CIK: 1566826 Q1 2013

Filing Information

Form Type	10-Q/A
Accession Number	`0001019687-13-002551`
Period End Date	20130331
Filing Date	20130702
Fiscal Year	2013
Fiscal Period	Q1
XBRL Instance	nxti-20130331.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 49 Income Statement 26 Cash Flow Statement 34

Balance Sheet 49 line items

Line Item	Tag	Value	Unit	Period
Accumulated Depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$199.00	USD	Point-in-time
Accumulated Depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$198.00	USD	Point-in-time
Cash	`Cash`	$135.82K	USD	Point-in-time
Cash	`Cash`	$3.82K	USD	Point-in-time
Preferred Stock, Par Value	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred Stock, Par Value	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$3.82K	USD	Point-in-time
Preferred Stock, Authorized	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Total Current Assets	`AssetsCurrent`	$135.82K	USD	Point-in-time
Preferred Stock, Authorized	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Property and equipment, net of accumulated depreciation of $198 and $99	`PropertyPlantAndEquipmentNet`	$1.78K	USD	Point-in-time
Preferred Stock, Issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Preferred Stock, Issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Property and equipment, net of accumulated depreciation of $198 and $99	`PropertyPlantAndEquipmentNet`	$1.88K	USD	Point-in-time
Total Assets	`Assets`	$5.61K	USD	Point-in-time
Preferred Stock, Outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Preferred Stock, Outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Total Assets	`Assets`	$137.70K	USD	Point-in-time
Common Stock, Par Value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common Stock, Par Value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$124.85K	USD	Point-in-time
Common Stock, Authorized	`CommonStockSharesAuthorized`	100.00M	shares	Point-in-time
Accounts payable	`AccountsPayableCurrent`	-	USD	Point-in-time
Common Stock, Authorized	`CommonStockSharesAuthorized`	100.00M	shares	Point-in-time
Common Stock, Issued	`CommonStockSharesIssued`	20.75M	shares	Point-in-time
Common Stock, Issued	`CommonStockSharesIssued`	21.14M	shares	Point-in-time
Accrued expenses	`OtherLiabilitiesCurrent`	$61.33K	USD	Point-in-time
Accrued expenses	`OtherLiabilitiesCurrent`	$69.28K	USD	Point-in-time
Advances from officer	`DueToRelatedPartiesCurrent`	$25.00K	USD	Point-in-time
Common Stock, Outstanding	`CommonStockSharesOutstanding`	20.75M	shares	Point-in-time
Common Stock, Outstanding	`CommonStockSharesOutstanding`	21.14M	shares	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$69.28K	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$211.18K	USD	Point-in-time
Convertible notes payable and beneficial conversion feature	`ConvertibleNotesPayableAndBeneficialConversionFeature`	$150.00K	USD	Point-in-time
Convertible notes payable and beneficial conversion feature	`ConvertibleNotesPayableAndBeneficialConversionFeature`	$75.00K	USD	Point-in-time
Total Liabilities	`Liabilities`	$361.18K	USD	Point-in-time
Total Liabilities	`Liabilities`	$144.28K	USD	Point-in-time
Preferred stock, $0.0001 par value: 10,000,000 shares authorized; none issued and outstanding	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, $0.0001 par value: 10,000,000 shares authorized; none issued and outstanding	`PreferredStockValue`	-	USD	Point-in-time
Common stock, $0.0001 par value: 100,000,000 shares authorized; 21,136,000 and 20,752,000 issued and outstanding, respectively	`CommonStockValue`	$2.11K	USD	Point-in-time
Common stock, $0.0001 par value: 100,000,000 shares authorized; 21,136,000 and 20,752,000 issued and outstanding, respectively	`CommonStockValue`	$2.08K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$200.22K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$296.19K	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-208.88K	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-653.88K	USD	Point-in-time
Total Stockholders' Deficit	`StockholdersEquity`	$-355.58K	USD	Point-in-time
Total Stockholders' Deficit	`StockholdersEquity`	$-6.58K	USD	Point-in-time
Total Liabilities and Stockholders' Deficit	`LiabilitiesAndStockholdersEquity`	$137.70K	USD	Point-in-time
Total Liabilities and Stockholders' Deficit	`LiabilitiesAndStockholdersEquity`	$5.61K	USD	Point-in-time

Income Statement 26 line items

Line Item	Tag	Value	Unit	Period
Revenues	`Revenues`	-	USD	1 Quarter
Revenues	`Revenues`	-	USD	1 Quarter
Costs of goods sold	`CostOfRevenue`	-	USD	1 Quarter
Costs of goods sold	`CostOfRevenue`	-	USD	1 Quarter
Gross Profit	`GrossProfit`	-	USD	1 Quarter
Gross Profit	`GrossProfit`	-	USD	1 Quarter
General and administrative	`SellingGeneralAndAdministrativeExpense`	$30.00	USD	1 Quarter
General and administrative	`SellingGeneralAndAdministrativeExpense`	$258.47K	USD	1 Quarter
Selling	`SellingExpense`	-	USD	1 Quarter
Selling	`SellingExpense`	$5.00K	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	-	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$177.78K	USD	1 Quarter
Total Operating Expenses	`OperatingExpenses`	$30.00	USD	1 Quarter
Total Operating Expenses	`OperatingExpenses`	$441.25K	USD	1 Quarter
Operating Loss	`OperatingIncomeLoss`	$-441.25K	USD	1 Quarter
Operating Loss	`OperatingIncomeLoss`	$-30.00	USD	1 Quarter
Interest expense	`InterestExpense`	-	USD	1 Quarter
Interest expense	`InterestExpense`	$-3.75K	USD	1 Quarter
Total Other Expense	`TotalOtherExpense`	$-3.75K	USD	1 Quarter
Total Other Expense	`TotalOtherExpense`	-	USD	1 Quarter
Net Loss Available to Common Stockholders	`NetIncomeLoss`	$-30.00	USD	1 Quarter
Net Loss Available to Common Stockholders	`NetIncomeLoss`	$-445.00K	USD	1 Quarter
Net Loss Per Common Share - Basic and Diluted	`EarningsPerShareBasicAndDiluted`	$-0.02	USD	1 Quarter
Net Loss Per Common Share - Basic and Diluted	`EarningsPerShareBasicAndDiluted`	-	USD	1 Quarter
Weighted Average Number of Common Shares Outstanding - Basic and Diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	20.00M	shares	1 Quarter
Weighted Average Number of Common Shares Outstanding - Basic and Diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	20.97M	shares	1 Quarter

Cash Flow Statement 34 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-30.00	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-445.00K	USD	1 Quarter
Depreciation	`DepreciationDepletionAndAmortization`	-	USD	1 Quarter
Depreciation	`DepreciationDepletionAndAmortization`	$99.00	USD	1 Quarter
Stock- based compensation	`ShareBasedCompensation`	$45.00K	USD	1 Quarter
Stock- based compensation	`ShareBasedCompensation`	-	USD	1 Quarter
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$116.91K	USD	1 Quarter
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	-	USD	1 Quarter
Total Adjustments	`TotalAdjustments`	-	USD	1 Quarter
Total Adjustments	`TotalAdjustments`	$162.00K	USD	1 Quarter
Net Cash Used in Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$-30.00	USD	1 Quarter
Net Cash Used in Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$-283.00K	USD	1 Quarter
Proceeds received in connection with issuance of common stock	`ProceedsReceivedInConnectionWithIssuanceOfCommonStock`	$51.00K	USD	1 Quarter
Proceeds received in connection with issuance of common stock	`ProceedsReceivedInConnectionWithIssuanceOfCommonStock`	-	USD	1 Quarter
Proceeds from convertible notes payable	`ProceedsFromConvertibleNotesPayable`	-	USD	1 Quarter
Proceeds from convertible notes payable	`ProceedsFromConvertibleNotesPayable`	$75.00K	USD	1 Quarter
Proceeds from advances made by officer	`ProceedsFromAdvancesMadeByOfficer`	-	USD	1 Quarter
Proceeds from advances made by officer	`ProceedsFromAdvancesMadeByOfficer`	$25.00K	USD	1 Quarter
Net Cash Provided by Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$151.00K	USD	1 Quarter
Net Cash Provided by Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	-	USD	1 Quarter
Net Decrease in Cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-30.00	USD	1 Quarter
Net Decrease in Cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-132.00K	USD	1 Quarter
Cash - Beginning of Period	`CashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
Cash - Beginning of Period	`CashAndCashEquivalentsAtCarryingValue`	$309.00	USD	Point-in-time
Cash - Beginning of Period	`CashAndCashEquivalentsAtCarryingValue`	$339.00	USD	Point-in-time
Cash - Beginning of Period	`CashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
Cash - End of Period	`CashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
Cash - End of Period	`CashAndCashEquivalentsAtCarryingValue`	$309.00	USD	Point-in-time
Cash - End of Period	`CashAndCashEquivalentsAtCarryingValue`	$339.00	USD	Point-in-time
Cash - End of Period	`CashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
Interest	`InterestPaid`	-	USD	1 Quarter
Interest	`InterestPaid`	-	USD	1 Quarter
Taxes	`IncomeTaxesPaid`	-	USD	1 Quarter
Taxes	`IncomeTaxesPaid`	-	USD	1 Quarter

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.